NOVACYT - 1H - Technical analysis published on 04/22/2024 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Neutral
Underlying:
Bullish
Technical indicators
17%
39%
44%
My opinion
Bullish above 0.759 EUR
My targets
0.804 EUR (+2.42%)
0.829 EUR (+5.61%)
My analysis
We are currently in a phase of short-term indecision. In a case like this, you could favour trades in the direction of the basic trend on NOVACYT. As long as you are above the support located at 0.759 EUR, traders with an aggressive trading strategy could consider a purchase. A cross of the resistance located at 0.804 EUR would be a signal that the basic trade will reverse and the short-term trend could then quickly become bullish. Buyers would then use the next resistance located at 0.829 EUR as an objective. Crossing it would then enable buyers to target 0.859 EUR. If the support 0.759 EUR were to be broken, this would simply be a sign of a possible continuation of short-term consolidation and trading against the trend would then perhaps be more risky.
In the very short term, the general bullish opinion of this analysis is in opposition with technical indicators. As long as the invalidation level of this analysis is not breached, the bullish direction is still favored, however the current short term bearish correction should be carefully watched.
Force
0
10
2.5
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Additional analysis
Quotes
The NOVACYT rating is 0.785 EUR. The price is lower by -5.42% since the last closing and was traded between 0.761 EUR and 0.848 EUR over the period. The price is currently at +3.15% from its lowest and -7.43% from its highest.0.761
0.848
0.785
The Central Gaps scanner detects a bearish opening. A small advantage for sellers in the very short term.
Bearish opening
Type : Bearish
Timeframe : Openning
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Near a new HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
The Central Volumes scanner detects abnormal volumes on the asset:
Abnormal volumes
Timeframe : 5 days
Technical
A technical analysis in 1H of this NOVACYT chart shows a bullish trend. The signals given by moving averages are 75.00% bullish. This bullish trend could slow down given the neutral signals currently being given by short-term moving averages. An assessment of moving averages reveals several bearish and bullish signals:
Bullish trend reversal : Moving Average 20
Type : Bullish
Timeframe : 1 hour
Bearish price crossover with Moving Average 20
Type : Bearish
Timeframe : 1 hour
In fact, according to the parameters integrated into the Central Analyzer system, only 7 technical indicators out of 18 analysed are currently bearish. Caution: the Central Indicators scanner currently detects an excess:
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : 1 hour
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:
Support of channel is broken
Type : Bearish
Timeframe : 1 hour
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.575 | 0.705 | 0.735 | 0.785 | 0.804 | 0.829 | 0.859 |
| Change (%) | -26.75% | -10.19% | -6.37% | - | +2.42% | +5.61% | +9.43% |
| Change | -0.210 | -0.080 | -0.050 | - | +0.019 | +0.044 | +0.074 |
| Level | Minor | Minor | Minor | - | Intermediate | Minor | Minor |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.622 | 0.679 | 0.754 | 0.811 | 0.886 | 0.943 | 1.018 |
| Camarilla | 0.794 | 0.806 | 0.818 | 0.830 | 0.842 | 0.854 | 0.866 |
| Woodie | 0.632 | 0.684 | 0.764 | 0.816 | 0.896 | 0.948 | 1.028 |
| Fibonacci | 0.679 | 0.729 | 0.760 | 0.811 | 0.861 | 0.892 | 0.943 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.364 | 0.472 | 0.651 | 0.759 | 0.938 | 1.046 | 1.225 |
| Camarilla | 0.751 | 0.777 | 0.804 | 0.830 | 0.856 | 0.883 | 0.909 |
| Woodie | 0.400 | 0.490 | 0.687 | 0.777 | 0.974 | 1.064 | 1.261 |
| Fibonacci | 0.472 | 0.582 | 0.649 | 0.759 | 0.869 | 0.936 | 1.046 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.440 | 0.466 | 0.492 | 0.518 | 0.544 | 0.570 | 0.596 |
| Camarilla | 0.503 | 0.508 | 0.512 | 0.517 | 0.522 | 0.527 | 0.531 |
| Woodie | 0.439 | 0.466 | 0.491 | 0.518 | 0.543 | 0.570 | 0.595 |
| Fibonacci | 0.466 | 0.486 | 0.499 | 0.518 | 0.538 | 0.551 | 0.570 |
Numerical data
The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 51.08 | |
| MACD (12,26,9): | 0.0180 | |
| Directional Movement: | 0.512 | |
| AROON (14): | -42.857 | |
| DEMA (21): | 0.815 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.861 | |
| Elder Ray (13): | -0.008 | |
| Super Trend (3,10): | 0.728 | |
| Zig ZAG (10): | 0.780 | |
| VORTEX (21): | 0.9850 | |
| Stochastique (14,3,5): | 33.52 | |
| TEMA (21): | 0.802 | |
| Williams %R (14): | -82.08 | |
| Chande Momentum Oscillator (20): | -0.010 | |
| Repulse (5,40,3): | -2.2180 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | 0.5200 | |
| Courbe Coppock: | 4.53 |
| MA7: | 0.708 | |
| MA20: | 0.598 | |
| MA50: | 0.562 | |
| MA100: | 0.617 | |
| MAexp7: | 0.793 | |
| MAexp20: | 0.786 | |
| MAexp50: | 0.736 | |
| MAexp100: | 0.677 | |
| Price / MA7: | +10.88% | |
| Price / MA20: | +31.27% | |
| Price / MA50: | +39.68% | |
| Price / MA100: | +27.23% | |
| Price / MAexp7: | -1.01% | |
| Price / MAexp20: | -0.13% | |
| Price / MAexp50: | +6.66% | |
| Price / MAexp100: | +15.95% |
Quotes :
-
15 min delayed data
-
Euronext Paris
News
The last news published on NOVACYT at the time of the generation of this analysis was as follows:
- Novacyt S.A. ("Novacyt", the "Company" or the "Group"): DHSC Claim Update – Trial Date Listed
- Novacyt S.A. ("Novacyt", the "Company" or the "Group") Full Year 2022 Trading Update
- Novacyt S.A. ("Novacyt", the "Company" or the "Group"): Non-Executive Director Change
- Novacyt S.A. ("Novacyt", the "Company" or the "Group"): Approval of genesig® COVID-19 3G PCR Test in the UK Under CTDA Legislation
- Novacyt S.A. ("Novacyt", the "Company" or the "Group"): Directorate Change
This member declared not having a position on this financial instrument or a related financial instrument.
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